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BTCUSD

MSTR

Andrew Tate, a controversial figure, criticized the decision-making of crypto investors and highlighted his past advice on Bitcoin investments through his platform, THE REAL WORLD. He mentioned his previous recommendations when Bitcoin was at lower prices and noted the current price increase. Tate also contrasted Michael Saylor's positive approach to Bitcoin investment with Sam Bankman-Fried's negative approach, referencing the SEC's potential approval of a Bitcoin ETF.

Portfolio Pulse from Mehab Qureshi

January 12, 2024 | 4:14 am

BTCUSD

Senator Elizabeth Warren criticized the SEC's approval of Bitcoin ETFs, emphasizing the need for crypto to adhere to anti-money laundering rules. Her remarks followed the SEC's approval of 11 new spot Bitcoin ETFs, which saw significant trading volume. Warren's Digital Asset Anti-Money Laundering Act has bipartisan support, while industry leaders have questioned her stance. The SEC's move was praised by Republican members, who see it as an improvement over previous regulatory approaches.

Portfolio Pulse from Mehab Qureshi

January 12, 2024 | 3:30 am

BTCUSD

DOGEUSD

ENSUSD

ETHUSD

XTZUSD

Bitcoin ETFs began trading in the U.S., leading to mixed cryptocurrency market movements. Bitcoin surged past $49,000 but then dropped, while Ethereum and Dogecoin saw modest changes. Liquidations in the last 24 hours reached $231.96 million. Ethereum Name Service, Sui, and Tezos were top gainers. The global cryptocurrency market cap increased by 2.21%. U.S. stocks showed little change despite new inflation data. Analysts suggest Bitcoin will stabilize, potentially benefiting Ethereum and altcoins, with a correction expected in March.

Portfolio Pulse from Mehab Qureshi

January 12, 2024 | 2:36 am

ADAUSD

Cardano (ADA) has seen a 7.4% price increase, attributed to a surge in development activity and significant investment inflows. With the highest average daily development activity on Github and $3.7 million in inflows in the first week of 2024, ADA's momentum is strong. Its total value locked has also increased, and the community is anticipating developments in NFTs on the Cardano platform.

Portfolio Pulse from Khyathi Dalal

January 12, 2024 | 12:07 am

PROP

Prairie Operating Co. (NASDAQ: PROP) has agreed to acquire the assets of Nickel Road Operating LLC for $94.5M, with $83M in cash and $11.5M in deferred payments. The deal, effective February 1, 2024, is expected to be accretive to Prairie's financial metrics and adds 5,500 net acres and 62 PUD drilling locations in the DJ Basin. The assets produce 3,370 net Boepd and add 22.2 MMboe in proven reserves. The acquisition aligns with Prairie's strategy for value creation and long-term, debt-free growth.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 11:15 pm

ARKB

BRRR

BTCW

DEFI

FBTC

GBTC

IBIT

Bitcoin ETFs made a historic debut with over $4 billion in inflows on their first trading day. Blackrock's iShares Bitcoin Trust ETF (IBIT) led with $1 billion, while Grayscale's Bitcoin Trust (GBTC) topped with $2 billion after converting to a spot Bitcoin ETF. Fidelity's Wise Origin Bitcoin Fund (FBTC) and ARK 21Shares Bitcoin ETF (ARKB) also saw significant inflows. Other funds like Valkyrie, WisdomTree, and Hashdex had inflows below $10 million. Bitcoin was trading at $46,279 with a market cap of $900 billion.

Portfolio Pulse from Piero Cingari

January 11, 2024 | 11:12 pm

BONK

DOGE

SHIB

SOL

WIF

Dogwifhat (CRYPTO: WIF) experienced a 124.5% surge following its listing on ByBit, with trading volume increasing by 445%. The meme coin's market cap nearly quadrupled, positioning it as the fifth-largest meme coin. Analysts suggest Binance and Coinbase could list WIF next. Dogwifhat outperformed other meme coins like Bonk and established tokens such as Dogecoin and Shiba Inu. Daily unique holders of WIF have surpassed 30,000, with whale activity contributing to its initial price movement. An $8.8 million purchase of WIF, now worth $3.1 million, is speculated to be a publicity stunt.

Portfolio Pulse from Khyathi Dalal

January 11, 2024 | 10:53 pm

CIVI

Vitol Holding has reported a 7.1% passive stake in Civitas Resources, according to a 13G filing.

Portfolio Pulse from Charles Gross

January 11, 2024 | 10:13 pm

HOOD

Robinhood has announced the addition of Spot Bitcoin ETFs to its trading platform, allowing users to invest directly in Bitcoin through ETFs. This move is expected to provide users with a regulated and potentially less volatile way to invest in Bitcoin, as ETFs are subject to the regulatory framework of traditional financial markets. The addition of these ETFs to Robinhood's offerings could attract more users to the platform and potentially increase trading volumes.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 9:31 pm

BLK

BTCUSD

ETHUSD

Industry experts predict the approval of Ethereum (ETH) ETFs following the U.S. regulators' approval of Bitcoin (BTC) ETFs. They anticipate significant market interest and a shift in investment focus from Bitcoin to Ethereum, highlighting the potential for staking yields and broader investment opportunities with Ethereum. BlackRock Inc. (NYSE:BLK) is mentioned as having ETF applications, indicating institutional interest in Ethereum.

Portfolio Pulse from Murtuza Merchant

January 11, 2024 | 9:29 pm